Currency markets are volatile and unpredictable. We help businesses mitigate risks to their cashflow by providing strategic support and analysis of all the latest trends from around the world.
Currency List
Currency List
Non EU
GBP
GBP
GBP
17
Nov
Nov
GBP/USD weakens to near 1.3150 as BoE rate cut expectations grow on weak UK data
The GBP/USD pair declines to near 1.3155 during the early Asian session on Monday. The Pound Sterling (GBP) softens against the US Dollar (USD) amid concerns about the UK’s fiscal debt and weak economic data from the UK. Bank of England (BoE) External Member Catherine Mann is set to speak later on Monday. The pound loses […]
13
Nov
Nov
EUR/GBP holds positive ground above 0.8800 as UK economy slows to 0.1% in Q3
The EUR/GBP cross gains ground to around 0.8835 during the early European session on Thursday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data. The Eurozone Industrial Production report for September will be published later on Thursday. Data released by the Office for National Statistics (ONS) on Thursday showed that the UK economy […]
13
Nov
Nov
GBP/JPY holds steady above 203.00, remains close to two-week high ahead of UK data dump
The GBP/JPY cross edges lower during the Asian session on Thursday and moves further away from an over two-week high, around the 203.55-203.60 region, touched the previous day. Spot prices, however, lack follow-through selling and recover a few pips from sub-203.00 levels, or the daily low. The Japanese Yen (JPY) attracts some buyers following Bank […]
12
Nov
Nov
GBP/USD moves below 1.3150 as traders expect BoE rate cut in December
GBP/USD extends its losses for the second successive day, trading around 1.3140 during the Asian hours on Wednesday. The pair depreciates as the Pound Sterling (GBP) struggles amid growing expectations that the Bank of England (BoE) will cut interest rates in December. Analysts at Morgan Stanley, Citigroup, and UBS Global Research have shifted their stance and expect […]
11
Nov
Nov
Pound Falls as Weak Labor Data Fuels BoE Cut Bets
The British pound weakened to $1.31 after weaker-than-expected labor market data strengthened expectations of a Bank of England interest rate cut next month. Regular pay growth slowed to 4.6% in the third quarter, the weakest since February–April 2022, while total pay, including bonuses, rose 4.8%, slightly below forecasts of 4.9%. Meanwhile, the unemployment rate climbed […]
07
Nov
Nov
GBP/USD extends much-needed recovery as Cable recovers 1.31
GBP/USD climbed on Thursday, driven into the high side by over-extended bearish price action that has plagued the pair, as well as a surprisingly close Bank of England (BoE) vote on interest rate moves that gave investors hope that the BoE might be moving to support the UK’s flagging economy despite still-high inflation metrics. The BoE’s […]
04
Nov
Nov
Sterling Weakens to 7-Month Low
The British pound fell toward $1.310, its weakest level since April, after Chancellor Rachel Reeves’ speech signaling upcoming tax hikes, while investors awaited Thursday’s Bank of England meeting. Markets now see about a near-50/50 chance of a 25-basis-point rate cut this week, up from near zero after softer inflation and other weak economic data. Reeves, […]
04
Nov
Nov
EUR/GBP gathers strength above 0.8750, BoE rate decision in focus
The EUR/GBP cross gains traction to near 0.8775, snapping the two-day losing streak during the early European session on Tuesday. The Pound Sterling (GBP) softens against the Euro (EUR) amid uncertainty surrounding the Bank of England’s (BoE) interest rate decision, which will be scheduled on Thursday. The BoE is anticipated to hold the interest rates at 4.0% at its November policy meeting on […]
03
Nov
Nov
GBP/JPY steadies around mid-202.00s amid BoJ uncertainty; UK fiscal concerns cap gains
The GBP/JPY cross attracts some buyers near the 202.30-202.25 area during the Asian session on Monday, though it lacks follow-through. Spot prices remain confined in Friday’s broader range and currently trade around mid-202.00s, nearly unchanged for the day amid relatively thin liquidity on the back of a holiday in Japan. The Japanese Yen (JPY) continues to be […]
31
Oct
Oct
Trade of The Day – GBP/USD
Facts: Recommendation: Source: xStation5 Opinion GBPUSD remains in a downward trend, which began in September in response to the weakness in the UK long-term bond market and growing concerns about the 2026 budget. The planned tax increases—both corporate and income—are intended to boost fiscal revenues necessary to finance struggling public services and improve productivity through […]
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